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Home Islamabad

Islamabad collectorate showing exemplary performance in current fiscal year

byM. Faizan
09/11/2014
in Islamabad, Latest News
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ISLAMABAD: The Model Customs Collectorate Islamabad is showing exemplary performance in the current fiscal year.

The collectorate has collected total revenue Rs 1065.83 million under the heads of duties and taxes in October 2014 which is Rs 448.96 more than October’s target of Rs 616.87 and it is 87 percent more than the last year’s revenue.

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The collectorate has gathered Rs 361.09 million which is Rs 125.57 more as compared to last year’s Rs 235.52 million. During the last fiscal year, the MCC had collected Rs 173.09 million as compared to Rs 188 million in the same period.

According to the monthly performance report, in the same period of last fiscal year Rs 495.57 million were collected as compared to Rs 570.26 million. The collectorate had collected Rs 4,245.12 million as compared to Rs 1,861 million in the first quarter of fiscal year, which is 123 percent more than the target. The MCC is a step ahead of its target.

In July, the MCC collected Rs 1,223.67 million as compared to Rs 530 million of the same period of last fiscal year. In August, Rs 778.21 million collected as compared to Rs 1,284.54 million, in September Rs 1,636.92 million than Rs 552.87 million revenue was collected. Under the head of customs duty, Rs 328.09 million was collected as compared to Rs 181.15 million, in August Rs 389.23 million than Rs 216.86 million and in September Rs 553 million revenue was collected as compared to Rs 230.68 million earned in the same month of previous year.

Tags: 87 percent more revenue in OctoberIslamabad collectorateQ1

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